Followers | 145 |
Posts | 27721 |
Boards Moderated | 3 |
Alias Born | 02/07/2004 |
Thursday, June 22, 2006 3:36:27 AM
The company plans to raise $20 million in the placement, which will be led by investment bank C.E Unterberg Towbin.
Tali Tsipori 21 Jun 06 18:22
G. Willi-Food Investments Ltd. (TASE:WLFD) has confirmed that its subsidiary, G. Willi-Food International Ltd. (Nasdaq:WILC) is planning a private placement in the US. G. Willi-Food International responded by climbing 6% within four minutes from $7.90 to $8.40 at around 9:30 pm Israel time, although during the last 90 minutes of trading the excitement among investors following the announcement faded and by the close of trading ,G. Willi-Food International had gained 2.8%, leaving it with a market cap of $69 million.
Last night G. Willi-Food International confirmed that it was considering a private placing in the US, and had engaged a US investment bank as broker for the placement The company refused to disclose the name of the bank, although recent reports indicate that the bank in question is probably C.E Unterberg Towbin.
G. Willi-Food International also declined to disclose the sum it aims to raise in the placement, although it is believed to be $20 million. The company said the proceeds from the placing would be used to finance the expansion of its activities, by acquiring, among other things, a leading local distributor in the US.
G. Willi-Food International, which is owned by the brothers Yossi and Zwi Williger imports, markets, and distributes more than 400 kosher food products. It is the operational arm of its parent company, G. Willi-Food Investments.
Published by Globes [online], Israel business news - www.globes.co.il - on June 21, 2006
Dubi
Recent WILC News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/09/2024 01:49:03 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/01/2024 03:01:42 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/30/2024 12:23:22 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/23/2024 10:01:02 AM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/09/2024 02:08:55 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/03/2024 01:12:59 PM
- G. WILLI-FOOD INTERNATIONAL REPORTS THE RESULTS OF SECOND QUARTER 2024 • PR Newswire (US) • 08/13/2024 01:49:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/13/2024 01:30:14 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/02/2024 10:00:40 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/22/2024 10:29:38 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/17/2024 10:00:31 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/20/2024 10:00:44 AM
- G. Willi-Food international Reports the results of first quarter 2024 • PR Newswire (US) • 05/20/2024 10:00:00 AM
- G. WILLI-FOOD INTERNATIONAL ANNOUNCES DISTRIBUTION OF A NIS 10 MILLION (US$ 2.72 MILLION) DIVIDEND • PR Newswire (US) • 03/21/2024 01:10:00 PM
- G. WILLI-FOOD INTERNATIONAL REPORTS 9.0% INCREASE IN SALES AND A RECORD HIGH ANNUAL SALES IN 2023 • PR Newswire (US) • 03/21/2024 01:05:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/14/2024 09:07:46 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 02:00:29 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/16/2024 11:45:45 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/22/2023 12:57:53 PM
- G. WILLI-FOOD ANNOUNCES SHARE REPURCHASE PROGRAM • PR Newswire (US) • 12/22/2023 12:00:00 PM
- G. Willi-Food international reports the results of THIRD quarter 2023 • PR Newswire (US) • 12/21/2023 12:45:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/21/2023 12:21:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/28/2023 03:30:06 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM